30 Danbury Dr Unit 4, Methuen, Massachusetts 01844

$149,900
1
BA
255
SqFt

Listing Courtesy of : Joseph Lilly ---- Sky Realty, LLC 4896282

List Price
$149,900
Status
ACTIVE
MLS#
73021874
Bathrooms
1
Full Baths
1
Living Area
255
Style
Garden
Year Built
1972

Property Description

Investors only. Studio condominium. Current Rent $1,000. Potential Rent $1,200. CONDO FEE INCLUDES HEAT AND HOT WATER FOR ONLY $133 Taxes are $91. Owner nets $776 per month first month of ownership or a 6.2% return on day one. After $200 increase, owner will net $976 per month or 7.8% return on investment. Unit will only be delivered with TAW tenant. Tenant pays on time every month. Condo association is in excellent financial condition, It currently has over $200,000 in reserves. Future owner management is minimal as there is no heating system and hot water tank to take care of. It is the condo association's responsibility. Unit has its own direct entrance from outside making entry very easy, it is only one step.

Additional Information

Taxes
$1,094
Water
City/Town Water
Sewer
City/Town Sewer

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